NVDA Q3 Earnings Alert: Why our AI share picker is still holding Nvidia sharesRead More

India shares higher at close of trade; Nifty 50 up 1.47%

Published 06/07/2020, 11:45
© Reuters.  India shares higher at close of trade; Nifty 50 up 1.47%
NSEI
-
NIFVIX
-
BAJA
-
BJFN
-
GAIL
-
HALC
-
HDFC
-
ITC
-
MAHM
-
RELI
-
BSESN
-
BSEAUTO
-
BSEMET
-
BSEREAL
-

Investing.com – India equities were higher at the close on Monday, as gains in the Real Estate, Auto and Metals sectors propelled shares higher.

At the close in NSE, the Nifty 50 added 1.47% to hit a new 3-month high, while the BSE Sensex 30 index climbed 1.29%.

The biggest gainers of the session on the Nifty 50 were Mahindra & Mahindra Ltd. (NS:MAHM), which rose 7.39% or 39.20 points to trade at 569.70 at the close. Bajaj Finance Ltd (NS:BJFN) added 6.46% or 189.50 points to end at 3121.00 and Hindalco Industries Ltd. (NS:HALC) was up 5.67% or 8.30 points to 154.70 in late trade.

Biggest losers included ITC Ltd (NS:ITC), which lost 3.42% or 7.10 points to trade at 200.45 in late trade. Bajaj Auto Ltd (NS:BAJA) declined 1.07% or 31.40 points to end at 2901.00 and GAIL Ltd (NS:GAIL) shed 1.00% or 1.05 points to 103.85.

The top performers on the BSE Sensex 30 were Mahindra & Mahindra Ltd. (BO:MAHM) which rose 7.58% to 570.50, Bajaj Finance Ltd (BO:BJFN) which was up 6.04% to settle at 3109.05 and Reliance Industries Ltd (BO:RELI) which gained 3.57% to close at 1851.40.

The worst performers were ITC Ltd (BO:ITC) which was down 3.35% to 200.40 in late trade, Bajaj Auto Ltd (BO:BAJA) which lost 1.07% to settle at 2903.00 and Housing Development Finance Corporation Ltd (BO:HDFC) which was down 0.84% to 1870.00 at the close.

Advancing stocks outnumbered falling ones by 991 to 658 and 57 ended unchanged; on the Bombay Stock Exchange, 1530 rose and 1092 declined, while 170 ended unchanged on the India National Stock Exchange.

The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.21% to 25.1975 a new 3-month low.

In commodities trading, Gold Futures for August delivery was down 0.28% or 4.95 to $1785.05 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.10% or 0.04 to hit $40.61 a barrel, while the September Brent oil contract rose 1.03% or 0.44 to trade at $43.24 a barrel.

USD/INR was down 0.04% to 74.604, while EUR/INR rose 0.43% to 84.2470.

The US Dollar Index Futures was down 0.42% at 96.890.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.